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Steadfast ‘not approached’ as M&A target

Thu, 11 Dec 2025 01:14:26 GMT

Steadfast has not received a takeover approach, CEO Robert Kelly told an analysts’ briefing this morning following media speculation a private equity firm may be interested...

A loss of faith: landlord pays for undeclared religious meetings

Thu, 11 Dec 2025 01:10:50 GMT

AIG has won a dispute with a landlord that failed to disclose its building was no longer occupied by a restaurant and that a religious organisation met weekly on the upper floor...

New global and corporate boss in place at Aon

Thu, 11 Dec 2025 01:10:43 GMT

Aon has confirmed James Harmer has joined the company to lead a team of 170 people as head of global and corporate...

NIBA brings Baum on board

Thu, 11 Dec 2025 01:10:33 GMT

WTW Pacific region CEO James Baum has joined the National Insurance Brokers Association board...

‘Just the beginning’ as Howden expands commercial arm

Thu, 11 Dec 2025 01:08:39 GMT

Howden has added to its commercial team and launched an agricultural specialty unit, bringing in experienced broking professionals who will collaborate with its equine team and others...

Red tape pulls brokers away from clients: Klipin

Thu, 11 Dec 2025 01:08:10 GMT

Compliance with “layers and layers” of regulation is forcing risk advisers to put off customer engagement, National Insurance Brokers Association CEO Richard Klipin warns...

Surf star to address Steadfast conference

Thu, 11 Dec 2025 00:59:42 GMT

Media personality Adam Spencer and para surfer Sam Bloom will be keynote speakers at next year’s Steadfast Convention...

Underwriter Level hails progress on BPA platform

Thu, 11 Dec 2025 00:59:13 GMT

New mobile plant and equipment specialist Level Underwriting says it has brought hundreds of brokers onto ChainThat’s Beyond Policy Administration platform since going live in Australia last month...

Competition watchdog rejects IAG-RAC Insurance deal

Wed, 10 Dec 2025 22:29:30 GMT

The competitor regulator has opposed IAG’s $1.35 billion acquisition of RAC Insurance, saying it could substantially reduce competition in the WA home and motor markets...

‘Structurally flawed scheme’: industry hits out as CSLR levy confirmed

Wed, 10 Dec 2025 05:22:29 GMT

The federal government will impose a $47.3 million special levy to cover a Compensation Scheme of Last Resort funding shortfall, despite opposition from insurers and other financial services sectors...

Brush with the law for painter who worked while on injury benefits

Wed, 10 Dec 2025 04:00:55 GMT

A former truck driver has been ordered to repay $114,262 after working as a commercial painter for almost three years while receiving workers’ compensation payments...

Business owner loses covid BI case after family tragedy

Wed, 10 Dec 2025 03:56:00 GMT

A caterer who flew to England to attend a funeral for her father and her brother but could not return to Australia because of illness and covid rules has lost a business interruption dispute...

INsight podcast: is a bad bushfire season incoming?

Wed, 10 Dec 2025 03:55:48 GMT

Recent bushfire losses in NSW and Tasmania – and the risk facing the country this summer – are the main talking point in the latest episode of the Insurance News podcast...

Insurers praised for adding non-binary option

Tue, 09 Dec 2025 05:16:43 GMT

Diversity Council Australia has applauded NRMA Insurance and Allianz for enabling motor customers to select non-binary as their gender, despite recent criticism over pricing...

Tower handed $6 million penalty for discount failures

Tue, 09 Dec 2025 05:16:26 GMT

New Zealand insurer Tower has been penalised $NZ7 million ($6.1 million) for failing to pass on premium savings to customers under its multipolicy discount program...

State’s WorkCover premium frozen after fraud blitz

Tue, 09 Dec 2025 05:16:13 GMT

A “zero-tolerance” crackdown on fraudulent workers’ compensation claims recovered more than $250,000 in Queensland in 2024-25, and premiums will be unchanged this year...

Customer denied flood cover refund after verbal opt-out

Tue, 09 Dec 2025 05:15:20 GMT

A homeowner who said she was charged more than $11,000 for flood cover she did not want has lost a refund dispute because she did not properly inform her insurer she was opting out...

‘Significant loss’: scores of homes burn in NSW, Tasmania

Mon, 08 Dec 2025 04:22:31 GMT

Weekend bushfires destroyed 20 homes in NSW and 19 on Tasmania’s east coast...

Code watchdog sees improvement in use of experts

Mon, 08 Dec 2025 04:22:21 GMT

Insurers have improved their oversight of external experts after an inquiry last year highlighted shortcomings, the industry code governance committee says...

Tunneller payout sets precedent for dust disease cases

Mon, 08 Dec 2025 03:47:59 GMT

A silicosis sufferer has won $2.4 million in damages and compensation in an Australian-first legal ruling for a tunneller with the disease...